Doliver Capital Advisors LP Takes Position in Microsoft Co. (NASDAQ:MSFT)

Doliver Capital Advisors LP acquired a new stake in shares of Microsoft Co. (NASDAQ:MSFT) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 4,498 shares of the software giant’s stock, valued at approximately $310,000.

Several other hedge funds also recently bought and sold shares of the company. New Capital Management LP raised its stake in Microsoft by 0.5% during the 1st quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock valued at $284,000 after purchasing an additional 22 shares during the period. Nottingham Advisors Inc. raised its stake in Microsoft by 0.4% during the 2nd quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock valued at $372,000 after purchasing an additional 22 shares during the period. American Economic Planning Group Inc. ADV raised its stake in Microsoft by 0.5% during the 2nd quarter. American Economic Planning Group Inc. ADV now owns 4,939 shares of the software giant’s stock valued at $340,000 after purchasing an additional 23 shares during the period. Carderock Capital Management Inc. raised its stake in Microsoft by 0.7% during the 2nd quarter. Carderock Capital Management Inc. now owns 3,981 shares of the software giant’s stock valued at $274,000 after purchasing an additional 26 shares during the period. Finally, Appropriate Balance Financial Services Inc. raised its stake in Microsoft by 4.7% during the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock valued at $9,331,000 after purchasing an additional 29 shares during the period. 73.16% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Frank H. Brod sold 15,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the completion of the transaction, the insider now owns 116,205 shares in the company, valued at approximately $9,770,516.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total value of $333,760.00. Following the completion of the sale, the executive vice president now owns 184,278 shares of the company’s stock, valued at $15,376,156.32. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 45,000 shares of company stock valued at $3,759,420. 1.49% of the stock is owned by company insiders.

A number of analysts have issued reports on the company. Argus raised Microsoft from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $57.28 to $95.00 in a research note on Tuesday, October 31st. Goldman Sachs Group set a $92.00 price objective on Microsoft and gave the stock a “buy” rating in a research note on Friday, October 27th. Vetr downgraded Microsoft from a “hold” rating to a “sell” rating and set a $78.90 price objective on the stock. in a research note on Monday, October 30th. Barclays reaffirmed an “overweight” rating and issued a $89.00 price objective (up previously from $82.00) on shares of Microsoft in a research note on Friday, October 27th. Finally, UBS Group set a $105.00 price objective on Microsoft and gave the stock a “buy” rating in a research note on Friday, December 8th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and thirty-two have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $85.87.

Microsoft Co. (NASDAQ:MSFT) traded up $0.41 on Tuesday, reaching $85.95. The company had a trading volume of 22,119,200 shares, compared to its average volume of 22,510,000. Microsoft Co. has a one year low of $61.95 and a one year high of $87.50. The company has a current ratio of 3.12, a quick ratio of 3.06 and a debt-to-equity ratio of 0.91. The stock has a market cap of $663,070.00, a PE ratio of 29.04, a P/E/G ratio of 1.99 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.72 by $0.12. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The company had revenue of $24.50 billion during the quarter, compared to analysts’ expectations of $23.57 billion. During the same quarter in the previous year, the business earned $0.76 EPS. Microsoft’s revenue was up 11.7% compared to the same quarter last year. sell-side analysts anticipate that Microsoft Co. will post 3.38 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Wednesday, February 14th. Microsoft’s payout ratio is currently 56.76%.

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About Microsoft

Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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